Joint Announcement of the China Â鶹´«Ã½ Regulatory Commission and the Hong Kong Â鶹´«Ã½
To further strengthen cross-boundary regulatory cooperation on matters concerning the listing of Mainland enterprises in Hong Kong, the China Â鶹´«Ã½ Regulatory Commission (CSRC) and the Hong Kong Â鶹´«Ã½ (SFC) have agreed to enter into a Memorandum of Understanding (MOU) today with respect to the Trial Administrative Measures of Overseas Â鶹´«Ã½ Offering and Listing by Domestic Companies, which will come into effect on 31 March 2023.
The MOU clarifies the arrangements and procedures for share issuance and listing, cross-boundary enforcement, supervision of intermediaries, and exchange of information between the CSRC and the SFC. The MOU will facilitate the CSRC and the SFC in discharging their supervisory functions, jointly combating cross-boundary offences and misconduct, safeguarding the legitimate interests of investors and ensuring the steady and healthy development of both markets.
Last update: 17 Feb 2023